The research aims to verify whether the credit risk of small and medium-sized enterprises can be estimated more accurately using qualitative variables together with financial information from reports. In our paper, we select qualitative variables within the conceptual framework of the balanced...

The research aims to verify whether the credit risk of small and medium-sized enterprises can be estimated more accurately using qualitative variables together with financial information from reports. In our paper, we select qualitative variables within the conceptual framework of the balanced...

After initially depicted the multidimensionality of organizational performance, I use a pooled dataset of 1204 observations across the years 2005, 2006 and 2007. The observations included in the analysis have all non-missing data. An initial selection from a much larger dataset has been...

Purpose – This paper aims to analyse how the inherent design of the Balanced Scorecard (BSC) violates the controllability principle. The management control literature provides convincing examples of actors who breach controllability without intention. This discussion was extended by the...

The problem: Much of finance theory is based on the efficient market hypothesis. According to this hypothesis, the prices of financial assets, such as stocks, incorporate all information that may affect their future performance. However, the translation of publicly available information into...

After initially depicted the multidimensionality of organizational performance, I use a pooled dataset of 1204 observations across the years 2005, 2006 and 2007. The observations included in the analysis have all non-missing data. An initial selection from a much larger dataset has been...